Search Results for: equity

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

Posted on 26, April 2024 by

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release →

Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , , , , , , , , , , , , ,

European Investment Fund Boosts Berlin SME Financing with €24.5 Million Guarantee

Posted on 24, April 2024 by

(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

Tagged , , , , , , , , ,

Barclays Strengthens M&A Leadership Team with Key Appointments in EMEA

Posted on 22, April 2024 by

(IN BRIEF) Barclays has announced the appointment of Stephen Pick as Head of M&A for EMEA, Pier Luigi Colizzi as Chairman of M&A for EMEA, and Asim Mullick as Head of M&A for Financial Sponsors for EMEA. These appointments underscore … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom

Tagged , , , , , , , ,

Neste and New Jersey Natural Gas Collaborate to Slash Greenhouse Gas Emissions with Renewable Diesel

Posted on 20, April 2024 by

(IN BRIEF) Neste, a global leader in renewable diesel production, teams up with New Jersey Natural Gas (NJNG) to tackle greenhouse gas emissions by adopting Neste MY Renewable Diesel™ for NJNG’s medium-duty trucks and equipment fleet. This initiative marks NJNG … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

Tagged , , , , , , ,

AFME Applauds European Council’s Push for New Competitiveness Deal

Posted on 20, April 2024 by

(IN BRIEF) The Association for Financial Markets in Europe (AFME) lauds the European Council’s recent conclusions advocating for a “new European competitiveness deal,” which underscores the importance of deepening the Single Market and advancing the Capital Markets Union (CMU). AFME … Read the full press release →

Posted in Business, Economy, European Union, Financial, Industrial, Investment, Management, Marketing, News, United Kingdom

Tagged , , , , , , ,

VINCI Concessions Seals Landmark Acquisition of Denver’s Northwest Parkway

Posted on 19, April 2024 by

(IN BRIEF) VINCI Concessions, through its subsidiary VINCI Highways, has completed the purchase of NWP HoldCo LLC, securing full ownership of Northwest Parkway, a crucial 14 km tolled segment of the Denver ring road in Colorado, USA, for approximately $1.2 … Read the full press release →

Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

Tagged , , , , , ,

Bosch Maintains Growth Trajectory Amidst Challenging Economic Landscape

Posted on 18, April 2024 by

(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology

Tagged , , , , ,

EIB Grants €400 Million Loan for Green Energy Grid Expansion in Thuringia

Posted on 16, April 2024 by

(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News

Tagged , , , , , , , , ,

MAHLE’s Remarkable Rebound: Record Sales and Strategic Success in 2023

Posted on 16, April 2024 by

(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

Tagged , , , , ,

Schroders Capital Expands PDCA Business with Key Senior Appointments

Posted on 15, April 2024 by

(IN BRIEF) Schroders Capital’s Private Debt and Credit Alternatives (PDCA) division has announced the addition of two senior professionals to its team, signaling the firm’s commitment to meeting the growing client demand for income and income alternatives. Jason Kezelman joins … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

Tagged , , , , , , , , , , ,

Citycon Launches Incentive Plans to Align CEO Objectives with Shareholder Value

Posted on 15, April 2024 by

(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail

Tagged , , , , ,

EU Initiative Boosts Resilience for Western Balkans SMEs

Posted on 15, April 2024 by

(IN BRIEF) The European Union’s Western Balkans Enterprise Development and Innovation Facility (WB EDIF) launches the Guarantee for SME Resilience Initiative, injecting €60 million to enhance access to finance for small and medium enterprises (SMEs) in the region. Through partnerships … Read the full press release →

Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

Tagged , , , , , , , , ,

Matteo Patrone Appointed Vice President, Banking at EBRD

Posted on 12, April 2024 by

(IN BRIEF) Matteo Patrone has been appointed as Vice President, Banking at the European Bank for Reconstruction and Development (EBRD), effective May 1st, 2024. In his new role, Patrone will oversee the effective delivery of the bank’s investment and advisory … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

Tagged , , , , ,

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

Posted on 12, April 2024 by

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release →

Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

Tagged , , , , , , , , , , , , , , , , , , , , , , ,

EBRD Posts €2.1 Billion Profit in 2023 Following Record Investments

Posted on 11, April 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom

Tagged , , , , ,

DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain

Posted on 9, April 2024 by

(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology

Tagged , , , , , , , ,

Aviva Joins Partnership to Finance 250 Zero Emission Buses Across UK

Posted on 8, April 2024 by

(IN BRIEF) Rock Rail, the UK Infrastructure Bank, and Aviva Capital Partners have collaborated to establish a funding platform for zero emission bus financier, ‘Rock Road,’ committing an initial £100 million to fund up to 250 zero emission buses and … Read the full press release →

Posted in Banks, Business, Environment, Financial, Industrial, Insurance, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom

Tagged , , , , , , , , , , ,

ENTSO-E Hosts High-Level Roundtable on European Grid Action Plan Progress

Posted on 6, April 2024 by

(IN BRIEF) ENTSO-E recently convened a High-Level Roundtable, bringing together key stakeholders to assess advancements made since the inception of the EU Grid Action Plan for electricity and to pinpoint areas requiring further attention. With notable attendees including Minister of … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News

Tagged , , , , , , ,

Outokumpu’s Annual General Meeting 2024 Ratifies Board Proposals and Charts Course for Growth

Posted on 5, April 2024 by

(IN BRIEF) Outokumpu Oyj’s Annual General Meeting held in Helsinki, Finland, endorsed all proposals by the Board of Directors and the Shareholders’ Nomination Board. The meeting approved financial statements, discharged liability for the Board and CEO for the year 2023, … Read the full press release →

Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News

Tagged , , , , , , , , , , , ,

EQT Enters Exclusive Talks to Acquire Ocea Group, Advancing Environmental Solutions in Energy Sector

Posted on 5, April 2024 by

(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden

Tagged , , , , , , , , , , ,

Estonia Contributes €10 Million to EU Fund for Ukraine’s Recovery Amidst Russian Aggression

Posted on 4, April 2024 by

(IN BRIEF) Estonia has pledged €10 million to the European Investment Bank’s (EIB) EU for Ukraine Fund, part of a broader initiative aimed at addressing Ukraine’s urgent needs and sustaining its economic stability. With support from multiple donors, including other … Read the full press release →

Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Ukraine

Tagged , , , , , , , , ,

Atos SE to Present Refinancing Framework to Financial Creditors

Posted on 2, April 2024 by

(IN BRIEF) Atos SE has scheduled a presentation of its refinancing framework to its financial creditors on April 8, 2024, following the announcement made on March 26. Creditors holding unsecured financial debt of Atos SE are urged to contact Kroll, … Read the full press release →

Posted in Business, Economy, Financial, France, Industrial, Investment, Management, Media, News, Technology

Tagged , , ,

Triton Fund V Completes Acquisition of Siemens Energy’s Trench Business

Posted on 2, April 2024 by

(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News

Tagged , , , , ,

Jenoptik Reports Strong Financial Performance for Fiscal Year 2023, Expects Continued Growth

Posted on 27, March 2024 by

(IN BRIEF) Jenoptik AG announces impressive financial results for the fiscal year 2023, highlighted by a considerable increase in revenue and profitability. The company’s photonics business, particularly in the semiconductor equipment sector, drove significant organic revenue growth of 8.7 percent … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology

Tagged , , , , ,

Nordea Enhances Internal Allocation Framework for Improved Decision-Making

Posted on 26, March 2024 by

(IN BRIEF) Nordea announces the update of its internal allocation framework at the onset of 2024, aimed at bolstering transparency, accountability, and decision-making efficacy in capital deployment and resource allocation. The revised framework aligns business area profitability metrics with the … Read the full press release →

Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News

Tagged , , , ,

Louis Dreyfus Company Releases First Integrated Report: Highlights Financial Performance and Sustainable Progress

Posted on 22, March 2024 by

(IN BRIEF) Louis Dreyfus Company B.V. (LDC) has unveiled its inaugural integrated report, presenting a comprehensive overview of its financial performance and sustainability initiatives for the year ended December 31, 2023. Despite challenges posed by geopolitical tensions and climate-related disruptions, … Read the full press release →

Posted in Agriculture, Business, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News

Tagged , , ,

UniCredit Debuts “Uni Sonos” at Milan Design Week 2024, Celebrating Women’s Empowerment and Creativity

Posted on 21, March 2024 by

(IN BRIEF) UniCredit unveils its collaboration with Arena di Verona and Studiopepe at Milan Design Week 2024 with “Uni Sonos,” a groundbreaking installation celebrating women’s empowerment, diversity, and creativity. Featuring costumes from the 100th Arena di Verona Opera Festival, the … Read the full press release →

Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Italy, Management, Media, News, Society

Tagged , , , , , , , , , , , ,

SIX Bolsters Global Benchmark Platform Through Strategic Investment in BITAv

Posted on 21, March 2024 by

(IN BRIEF) SIX, a prominent financial information provider, has announced a strategic investment in BITA, a leading indexing technology and services provider, alongside existing shareholders ETFS Capital, Volta Ventures, and Pamica NV. Recognizing the increasing demand for customizable investment solutions, … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

Tagged , , , , , ,

ProCredit Group Reports Strong Financial Performance for 2023, Focuses on Sustainable Growth

Posted on 21, March 2024 by

(IN BRIEF) ProCredit Group, predominantly active in South Eastern and Eastern Europe, unveils a robust financial performance for the year 2023, reporting a net profit of EUR 113.4 million with a return on equity (RoE) of 12.2%. Operating income surged … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News

Tagged , , , , ,

EIB Supports GROPYUS to Revolutionize Sustainable and Affordable Housing in Europe

Posted on 20, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release →

Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate

Tagged , , , , , , , ,

BNP Paribas Appoints New Heads for Commercial Banking and Leasing Solutions

Posted on 18, March 2024 by

(IN BRIEF) BNP Paribas announces the appointment of Isabelle Loc as the new Head of Commercial & Personal Banking in France, succeeding Marguerite Bérard and joining the BNP Paribas Executive Committee. With a diverse background within the group, including leadership … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News

Tagged , , , , , , , , ,

Gasum Group Releases 2023 Financial and Sustainability Reports

Posted on 15, March 2024 by

(IN BRIEF) Gasum Group has made its annual reports for the year 2023 available on its website, comprising the annual review, sustainability report, and governance and remuneration report. The financial review highlights a 44.0 percent decrease in revenue to EUR … Read the full press release →

Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News

Tagged , , ,

Lenzing Group Reports Stable Revenue Amid Economic Challenges in 2023

Posted on 15, March 2024 by

(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Economy, Environment, Financial, Industrial, Investment, Management, News

Tagged , , , , ,

Vienna Stock Exchange Expands International Reach with Addition of Jump Trading Europe B.V.

Posted on 15, March 2024 by

(IN BRIEF) The Vienna Stock Exchange has broadened its international connections with the induction of Jump Trading Europe B.V. as a new international trading member, bringing the total membership to 70, with a significant portion comprising international banks and securities … Read the full press release →

Posted in Austria, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News

Tagged , , , ,

EIF and 123 IM Partner to Boost Sustainable Financing for French SMEs

Posted on 14, March 2024 by

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

Tagged , , , , , , , ,

SIX Reports Strong Operational Performance Despite Non-Cash Value Adjustments

Posted on 14, March 2024 by

(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release →

Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland

Tagged , , ,

Patients as Partners® Europe Announces the Launch of 8th Annual Meeting with 2024 Keynotes and Topics

Posted on 12, March 2024 by

(IN BRIEF) The Conference Forum announced the launch of the 8th annual Patients as Partners® Europe meeting, scheduled for May 14-15, 2024, at Plaisterers’ Hall in London, England. This event brings together pharma R&D and patient advocacy to discuss patient … Read the full press release →

Posted in Healthcare, Marketing, Pharma & Biotech, United Kingdom

Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

EQT Welcomes Sir Alok Sharma as Senior Advisor on Geopolitical and Economic Trends

Posted on 11, March 2024 by

(IN BRIEF) EQT, a leading private equity firm, appoints the Right Honorable Sir Alok Sharma KCMG as Senior Advisor on geopolitical topics and economic trends, leveraging his extensive experience in sustainability. Sir Alok, former President of the 2021 United Nations … Read the full press release →

Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden

Tagged , , , , , , , ,

SEB Funds Earn Top Honors at LSEG Lipper Fund Awards – Europe

Posted on 9, March 2024 by

(IN BRIEF) Three SEB funds have been recognized at the LSEG Lipper Fund Awards – Europe for their outstanding risk-adjusted returns in the Nordic and Swedish equities categories. SEB Nordenfond and SEB Sverigefond received awards for best risk-adjusted return in … Read the full press release →

Posted in Awards, Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden

Tagged , , , , , , ,

Bridging the Gap: EY Report Highlights Consumer Hesitation in Sustainable Energy Choices

Posted on 9, March 2024 by

(IN BRIEF) According to the ‘Energy transition consumer insights’ report by EY, despite 65% of energy consumers understanding how to initiate sustainable energy choices, 70% express reluctance to invest more time or money in doing so. The report underscores consumer … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

Tagged , , , ,